NOT LISTED FOR SALE

Estimated Value: $215,000 - $219,721

2 Beds
4 Baths
2,173 Sq Ft
$100/Sq Ft Est. Value

Sale Details

Date Sold: April 18, 2023

Last sale price $187,500 $86 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $1,370 / mo

33 Days on Market

Highlights

  • Colonial Architecture
  • Forced Air Heating System
  • ENERGY STAR/Reflective Roof
  • Ground Level Unit
  • Garage
  • Laundry Facilities

About This Home

As of April 2023

Awesome investment opportunity! Duplex is a licensed rental through the city of Lansing. Both units already rented! No showings on occupied units until after offer is accepted and proof of funds have been provided. Please do not disturb tenants! Available for a package deal, sale with 3941/3943 Glenburne Dr duplex with one unit already rented out! New roof and gutters on all units!

Last Agent to Sell the Property

Frank Jajou

Berkshire Hathaway HomeServices Kee Realty License #6501440153 Listed on: 02/27/2023

Berkshire Hathaway HomeServices Kee Realty

Last Buyer's Agent

Darryl Matthews, Jr

Keller Williams GR East License #6506047703

Keller Williams GR East

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Year Built

  • Built in 1972

Lot Details

  • 11,326 Sq Ft Lot
  • Lot Dimensions are 96x121

Parking

  • Garage

Home Design

  • Colonial Architecture
  • Brick Exterior Construction
  • Poured Concrete

Interior Spaces

  • 2,173 Sq Ft Home
  • 2-Story Property
  • Unfinished Basement

Utilities

  • Window Unit Cooling System
  • Forced Air Heating System
  • Heating System Uses Natural Gas
  • 100 Amp Service
  • Natural Gas Water Heater
  • Sewer in Street

Additional Features

  • ENERGY STAR/Reflective Roof
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 23504036405131

Community Details

Overview

  • 2 Units
  • Glenburne Sub Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,062

Year Built

Built in 1972

Lot Details

0.26 Acres

Listing Details

  • Property Type: Multifamily
  • Architecture Style: Colonial
  • Architecture Level: 2 Story
  • Year Built: 1972
  • State Equalized Value: 74100.0000
  • Entry Location: Ground Level
  • Pets Allowed: Call
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 2

Interior Features

  • Interior Amenities: 100 Amp Service, Furnished - No, Laundry Facility
  • Total Bathrooms: 2.20
  • Full Bathrooms: 2
  • Half Bathrooms: 2
  • Basement: Yes
  • Basement Type: Unfinished
  • Total Sq Ft: 2173

Exterior Features

  • Roof Material: ENERGY STAR® Shingles
  • Foundation Details: Basement
  • Construction Materials: Brick, Wood
  • Foundation Materials: Poured
  • Road Frontage Type: Paved

Garage/Parking

  • Garage: Yes

Utilities

  • Heating Fuel: Natural Gas
  • Cooling: Window Unit(s)
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary), Sewer at Street
  • Water Heater Fuel: Natural Gas
  • Water Source: Public (Municipal), Water at Street
  • Laundry Facilities: Yes

Lot Info

  • List Price per Acre: 730765.3800
  • Lot Size Area: 0.26
  • Lot Dimensions: 96x121
  • Parcel Number: 23504036405131
  • Zoning: Multi-Family

Tax Info

  • Tax Amount Summer: 3325.0000
  • Tax Amount Winter: 737.0000
  • Total Tax: 4062.0000
  • Taxable Value: 49702.0000

Multi Family

  • Number Of Units Total: 2

MLS Schools

  • School District: Lansing

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 27, 2023
Closed on
Apr 18, 2023
Sold by
Aboudi Remon and Aboudi Dalia
Bought by
Lutzka Gregory R
Seller's Agent
Frank Jajou
Berkshire Hathaway HomeServices Kee Realty
Buyer's Agent
Darryl Matthews, Jr
Keller Williams GR East
List Price
$189,999
Sold Price
$187,500
Premium/Discount to List
-$2,499
-1.32%
Views
210
Current Estimated Value
$217,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$29,930
Avg. Annual Appreciation
5.01%
Original Mortgage
$140,625
Outstanding Balance
$136,165
Interest Rate
6.27%
Estimated Equity
$81,265

Purchase Details

Closed on
Jun 27, 2022
Sold by
Remon Aboudi
Bought by
Aboudi Remon and Aboudi Dalia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 17, 2006
Sold by
Sears Properties Llc and Sears Mike
Bought by
Sears Mike and Sears Nancy
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Lutzka Gregory R $187,500 None Listed On Document
Aboudi Remon -- None Listed On Document
Aboudi Remon $140,000 Diversified National Title
Sears Mike -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lutzka Gregory R $140,625
Previous Owner Aboudi Remon $105,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/18/2023 04/18/23 Sold $187,500 -1.3% $86 / Sq Ft
04/01/2023 04/01/23 Pending -- -- --
02/27/2023 02/27/23 For Sale $189,999 -- $87 / Sq Ft
Source: Realcomp

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,545 $105,600 $0 $0
2024 $10,186 $92,900 $0 $0
2023 $10,186 $86,800 $0 $0
2022 $4,062 $78,100 $0 $0
2021 $3,910 $74,100 $0 $0
2020 $3,887 $69,100 $0 $0
2019 $3,802 $63,000 $0 $0
2018 $3,582 $58,400 $0 $0
2017 $3,405 $57,500 $0 $0
2016 $2,855 $45,600 $0 $0
2015 -- $45,500 $0 $0
2014 -- $47,900 $0 $0
2013 -- $49,400 $0 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Realcomp

MLS Number: 20230013914

Realcomp

APN: 235-040-364-051-31

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